Deloitte CFO survey indicates six year high in business confidence
Deloitte's survey of business confidence indicates expansion and investment intentions are at their highest for several years. A large number back the Bank of England's policies but more than half see interest rates rising before mid 2015.7 April 2014
- Perceptions of economic uncertainty at a three-and-a-half year low and risk appetite among big corporates at a six-year high.
- Bank borrowing returns as most attractive source of finance – first time since financial crisis.
- 49% say policies of Mark Carney have contributed to rising confidence.
- However, 59% of CFOs expect interest rate rise by mid-2015; 23% expect rates to rise in 2014.